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Strategies & Market Trends : Galapagos Islands
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To: HoodBuilder who wrote (48810)11/10/2003 3:06:34 PM
From: PuddleGlum  Read Replies (1) of 57110
 
That chart has kept me from dumping my BBH puts. I kept looking at the chart, and then looking at how much underwater my puts were, and asking "Why?". Today's action has helped somewhat, of course. $BTK was in a sort of triangle last time I looked, and it was just starting to edge up when along came today. I shouldn't pretend to be too delighted, because the puts are really just a hedge against some long positions.

Look at ERES finally tumbling!
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